Examlex
Which of the following would cause an increase in the supply of wheat?
Long-Run Aggregate Supply
The total output of goods and services that an economy can produce when it is using all of its resources efficiently and at full employment.
Vertical
In economics, this term typically refers to a market structure where companies provide different, but related, products or services at various stages of production.
Money Supply
The total financial resources in an economy at a particular time, made up of cash, coins, and the holdings in checking and savings accounts.
Inflation
An increase in the average cost of goods and services, resulting in a drop in the value of purchasing power.
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